Windows Phone put a significant drag on Microsoft's fourth-quarter earnings, released Tuesday. Revenue for the troubled platform decreased by $552 million, or 68 percent. Both Lumia and non-Lumia phone revenue declined, which Microsoft attributes to lower volumes and lower-priced devices.
average payment period. Definition. APP. The number of days a company takes to pay off credit purchases. It is calculated as accounts payable / (total annual purchases / 360). Use this term in a sentence. â You should always know how long your average payment period will be so that you can be prepared when the time comes.
There are 26 biweekly periods per year (or pay periods in many people's cases), which would be $26,000 (or $1,000 x 26). The difference is $2,000 or one extra payment. One Extra Payment. Of course, an alternative is to just make one extra payment at some point during the year. You can continue to make your mortgage payment monthly, but just write out a check for an extra one when you have the funds.